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Financial risk management (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure Of Financial risk management [Line Items]  
Disclosure of maturity analysis for non-derivative financial liabilities [text block]
 
(e)
The long-term portion of the financial obligations held by the Group matures as follows:
 
 
 
2018
 
 
2017
 
 
 
US$(000)
 
 
US$(000)
 
 
 
 
 
 
 
 
Between 1 and 2 years
 
 
278,397
 
 
 
125,215
 
Between 2 and 5 years
 
 
266,625
 
 
 
427,680
 
 
 
 
545,022
 
 
 
552,895
 
Debt issuance costs
 
 
(4,126
)
 
 
(3,803
)
 
 
 
 
 
 
 
 
 
 
 
 
540,896
 
 
 
549,092
 
 
Sociedad Minera Cerro Verde S.A.A. [Member]  
Disclosure Of Financial risk management [Line Items]  
Disclosure of detailed information about foreign currency exchange rates risk [Text Block]
 
 
Effect on profit before

income tax
 
 
 
US$(000)
 
 
 
 
 
December 31, 2018
 
 
 
 
10% increase in future copper prices
 
 
72,847
 
10% decrease in future copper prices
 
 
(72,847
)
 
 
 
Effect on profit before
income tax
 
 
 
US$(000)
 
 
 
 
 
December 31, 2017
 
 
 
 
10% increase in future copper prices
 
 
83,955
 
10% decrease in future copper prices
 
 
(83,955
)
 
 
 
Effect on profit before
income tax
 
 
 
US$(000)
 
 
 
 
 
December 31, 2016
 
 
 
 
10% increase in future copper prices
 
 
88,508
 
10% decrease in future copper prices
 
 
(88,508
)
Disclosure of maturity analysis for non-derivative financial liabilities [text block]
The following tables show the expected aging of maturity of the Company’s obligations, excluding taxes and accruals, as of December 31, 2018 and 2017:
 
 
 
On demand
 
 
Less than 3 months
 
 
3 to 12 months
 
 
1 to 5 years
 
 
Total
 
 
 
US$(000)
 
 
US$(000)
 
 
US$(000)
 
 
US$(000)
 
 
US$(000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade accounts payable
 
 
-
 
 
 
231,080
 
 
 
56
 
 
 
-
 
 
 
231,136
 
Accounts payable - related parties
 
 
-
 
 
 
6,014
 
 
 
-
 
 
 
8,860
 
 
 
14,874
 
Other financial liabilities
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1,022,810
 
 
 
1,022,810
 
Provision related to benefits to employees
 
 
-
 
 
 
24,300
 
 
 
18,269
 
 
 
32,509
 
 
 
75,078
 
Other accounts payable
 
 
-
 
 
 
7,472
 
 
 
93,782
 
 
 
215,070
 
 
 
316,324
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
-
 
 
 
268,866
 
 
 
112,107
 
 
 
1,279,249
 
 
 
1,660,222
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade accounts payable
 
 
-
 
 
 
194,890
 
 
 
68
 
 
 
-
 
 
 
194,958
 
Accounts payable - related parties
 
 
-
 
 
 
5,534
 
 
 
-
 
 
 
8,147
 
 
 
13,681
 
Other financial liabilities
 
 
-
 
 
 
-
 
 
 
-
 
 
 
1,268,488
 
 
 
1,268,488
 
Provision related to benefits to employees
 
 
-
 
 
 
64,339
 
 
 
16,406
 
 
 
29,158
 
 
 
109,903
 
Other accounts payable
 
 
-
 
 
 
3,374
 
 
 
36,808
 
 
 
33,424
 
 
 
73,606
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
-
 
 
 
268,137
 
 
 
53,282
 
 
 
1,339,217
 
 
 
1,660,636